I-Max Innovation Private Limited

I-Max Innovation Private Limited - energy and power in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U31900KA2022PTC166694 Incorporated 03 October 2022 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company energy and power MSME
Data last updated
Revenue · FY 2025
₹15.63 Cr
▲ 16% YoY
Net profit · FY 2025
₹75.79 Lakh
Net margin 4.8%
EBITDA · FY 2025
₹1.28 Cr
EBITDA margin 8.2%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹1.32 Cr
Satisfied ₹29.77 Lakh
Company age
4 yrs
Est. 2022
Employees · EPFO
30
Provident fund records

About I-Max Innovation Private Limited

Data last updated:

I-Max Innovation Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 October 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2022PTC166694.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Bhagya Anand and Nagaraj Anand.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.82/1 (Old No.83) 2nd And 3rd Floor Padma Plaza Gandhi Bazaar, Bengaluru, Karnataka, India – 560004.

As per the financials filed for FY 2025, the company reported a revenue of ₹15.63 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹75.79 Lakh (net margin 4.8%) and EBITDA of ₹1.28 Cr (EBITDA margin 8.2%).

The company has about 30 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.32 Cr and satisfied charges of ₹29.77 Lakh on record.

I-Max Innovation Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0207398). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31900KA2022PTC166694
Registration Number 166694
Incorporation Date 03 October 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0207398
Key People
Bhagya Anand Director Nagaraj Anand Director

Recognitions & Rankings of I-Max Innovation

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0207398

Contact details

I-Max Innovation Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.82/1 (Old No.83) 2nd And 3rd Floor Padma Plaza Gandhi Bazaar, Bengaluru, Karnataka, India – 560004
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of I-Max Innovation Private Limited, buy the company report.

Comprehensive company report
I-Max Innovation Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of I-Max Innovation is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of I-Max Innovation Private Limited, buy the company report.

Financials of I-Max Innovation Private Limited

FY 2025 filings available

I-Max Innovation Private Limited reported revenue of ₹15.63 Cr (up 16% YoY) for FY 2025.

Revenue · FY 2025
₹15.63 Cr ▲ 16%
Net profit · FY 2025
₹75.79 Lakh margin 4.8%
EBITDA · FY 2025
₹1.28 Cr margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
EBITDA CAGR growth
1 year
▲ 25%

Revenue rose 16% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹75.79 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin8.2%
Net Profit Margin4.8%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of I-Max Innovation Private Limited, buy the company report.

Board of directors of I-Max Innovation Private Limited

I-Max Innovation has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhagya AnandDirector03 Oct 20224 Years 1 MonthsCurrent
Nagaraj AnandDirector03 Oct 20224 Years 1 MonthsCurrent
View all directors

Peer comparison

I-Max Innovation Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gvolts Transformers Private Limited₹15.69 Cr (FY 2022)152.0%Olpad, Gujarat, India
Renutron Power Solutions (India) Private Limited₹15.64 Cr (FY 2024)16.0%Kolhapur, Maharashtra, India
I-Max Innovation Private Limitedthis company₹15.63 Cr (FY 2025)₹75.79 Lakh4.8%16.0%30Bengaluru, Karnataka, India
Vidyuth Control Systems Private Limited₹15.53 Cr (FY 2024)-9.0%Telangana, India
Pentaflo Hydro Private Limited₹15.52 Cr (FY 2025)-29.0%New Delhi, Delhi, India
Meher Mangoldt Inductors Private Limited₹15.5 Cr (FY 2025)-15.0%Bangalore, Karnataka, India

To see the full peer comparison of I-Max Innovation Private Limited, buy the company report.

Auditor

I-Max Innovation Private Limited is audited by V.S.Harish & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
V.S.Harish & Co.FY 2023205481

Shareholding

The shareholding of I-Max Innovation Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of I-Max Innovation Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.32 Cr
Satisfied charges
₹29.77 Lakh
Breakdown by lending institutions
Canara Bank₹1.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 Nov 2022100640034Canara Bank₹1.32 CrOpen
14 Feb 2023100678325Canara Bank₹29.77 LakhSatisfied

To see the full charge records of I-Max Innovation Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for I-Max Innovation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

I-Max Innovation Private Limited has a workforce of 30 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
30
Active EPFO establishments
1
Employee growth
25%

GST

No GST registration is on our record for I-Max Innovation Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

I-Max Innovation Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Bhagya Anand was appointed as Director on 03 Oct 2022.

AGM
I-Max Innovation Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
I-Max Innovation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 14 Feb 2023 via Charge ID 100678325 with Canara Bank was fully satisfied on 17 Mar 2025.
Charges
A charge with Canara Bank of Rs. 132.00 Lakh registered on 08 Nov 2022 with Charge ID 100640034 was modified on 06 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 29.77 Lakh with Charge ID 100678325 was registered on 14 Feb 2023.
Charges
A charge with Canara Bank amounted to Rs. 132.00 Lakh with Charge ID 100640034 was registered on 08 Nov 2022.
Appointed
Bhagya Anand was appointed as Director.
Appointed
Nagaraj Anand was appointed as Director.
Incorporation
03 Oct 2022
I-Max Innovation Private Limited was registered on 03 Oct 2022 with Roc Bangalore & aged 4 years 1 month as per MCA records.

Frequently asked questions

I-Max Innovation is an active private limited company based in Bengaluru, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 October 2022 (4+ years old) and is registered under CIN U31900KA2022PTC166694.

I-Max Innovation has 2 current directors:

The latest financial statements of I-Max Innovation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.

The CIN (Corporate Identification Number) of I-Max Innovation is U31900KA2022PTC166694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

I-Max Innovation was incorporated on 03 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of I-Max Innovation by revenue are Gvolts Transformers Private Limited, Renutron Power Solutions (India) Private Limited, Vidyuth Control Systems Private Limited, Pentaflo Hydro Private Limited, Meher Mangoldt Inductors Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Bhagya Anand was appointed as Director on 03 Oct 2022. Nagaraj Anand was appointed as Director on 03 Oct 2022.

Yes, I-Max Innovation is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0207398).

The registered office of I-Max Innovation is at No.821 Old No.83 2nd And 3rd Floor Padma Plaza Gandhi Bazaar, Bengaluru, Karnataka, India – 560004.

I-Max Innovation operates in the energy and power industry, in the power equipment manufacturers segment.

I-Max Innovation has open charges of ₹1.32 Cr and satisfied charges of ₹29.77 Lakh as per latest MCA filings.